Search company, investor...
Search
Quifers company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

quifers.com

Stage

Corporate Majority | Acquired

Total Raised

$300K

About Quifers

Quifers is a tech-driven logistics company focusing on the light commercial vehicle segment. From point-to-point deliveries and distributions to hourly rental services, Quifers provides wide range of logistics services to help businesses grow.On May 10th, 2021, Sitics Logistic acquired a majority stake in Quifers. The terms of the transaction were not disclosed.

Quifers Headquarters Location

C-109, Floral Deck Plaza, Off. SEEPZ Road MIDC, Andheri East

Mumbai, 400093,

India

99871-28613

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Quifers

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Quifers is included in 1 Expert Collection, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,176 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

Latest Quifers News

Quifers rebrands to ‘Qbit’

Sep 15, 2022

A+ New Delhi [India], September 15 (ANI/ATK): Mumbai based SaaS Startup, Quifers rebranded itself into ‘Qbit’, reflecting its vision of combining all the complex decision making processes ‘bit-by-bit’ in the supply chain, so that the customers can focus on what’s important: delighting their customers. Qbit(formerly Quifers) is a technology enabler in the Logistics industry. It provides a platform to companies for optimising their entire supply chain lifecycle with features like Dispatch Planning, Truck and Route Optimisation, Indenting, Tracking, Control Tower and EPOD. It claims to have helped companies save USD 50M in Logistics and Supply chain costs. Starting today, Quifers has a revamped brand identity with a new logo. It symbolizes a commitment to renewability and focus. The new branding identity is just the beginning of the company’s mission to provide customers with a better experience. The company announced its expansion to South East Asian and Middle East countries in a blog post. “We have learned a lot as Quifers, and all our learning, team, and infrastructure will be used to build the future of Qbit. Today, we are surging ahead as a new company with a new mission statement – ‘simplifying complex decision making in the supply chain'” the company said. Sitics Logistic Solutions acquired a majority stake in Qbit (formerly Quifers) last year with the goal of using its operational efficiency to complement Qbit’s Technology stack and create a one stop solution for all supply chain needs. It had also acquired cold chain and distribution start-up Udgam Logistics which works in USD 25B cold chain market. Sitics Group’s founder and chairman, AM Sikander, said that the company’s vision is “to cover the whole spectrum of Logistics.” He went on to say that they’re “among the few people in India who have integrated Operations with Technology in this domain.” The group said that it is currently serving around 100+ customers and has clients like Britannia, Vijay Sales, Dabur, ITC, Somany Hindware, Pidilite, Devyani Foods among others. “When we started out in 2017, our vision was entirely on solving critical supply chain problems,” said Naveen Merudi, Cofounder and CRO of Qbit. “Now that we’re expanding outside India, I believe it’s the correct time to rebrand.” This story has been provided by ATK. ANI will not be responsible in any way for the content in this article. (ANI/ATK) This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content. Subscribe to our channels on YouTube & Telegram Support Our Journalism India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that. Sustaining this needs support from wonderful readers like you. Whether you live in India or overseas, you can take a paid subscription by clicking here .

  • Where is Quifers's headquarters?

    Quifers's headquarters is located at C-109, Floral Deck Plaza, Off. SEEPZ Road, Mumbai.

  • What is Quifers's latest funding round?

    Quifers's latest funding round is Corporate Majority.

  • How much did Quifers raise?

    Quifers raised a total of $300K.

  • Who are the investors of Quifers?

    Investors of Quifers include Sitics Logistic, Smile Group and Indian Angel Network.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.